SINGAPORE — A man gave his friend fake payslips, which were then used to illegally obtain a nearly $13,000 loan from Citibank.
Ng Jia Hao, 26, was sentenced to nine months in prison on Wednesday August 31 after admitting to being part of a plot with at least three other men to cheat the bank.
Two of his accomplices have been brought to justice.
One of them, Kurumorthy Chandran, also known as Kelvin, was a Citibank contractor at the time. He was sentenced to a year in prison in July.
In an earlier statement, the bank said he had not worked on Citibank-related matters since 2019.
The second accomplice was Ng’s friend Eugene Yap Siang, 28, who was sentenced to eight months in prison on August 8.
The case involving a third man, Noah Loo Yu Hong, 28, is pending.
Between September and October 2018, Citibank received and approved approximately 20 loan applications that were later found to contain false income documentation.
Ng is the latest offender linked to the scam to be brought to justice.
On Monday, Kiran Kaur, 29, was sentenced to six months in prison for her role in the ruse.
For the ongoing case, Deputy Prosecutor Foong Ke Hui said Ng told Yap in 2018 that he could help her get a bank loan even though he did not meet the minimum income requirement.
Ng also asked Yap if he had any friends who would be interested. He offered Yap a commission if he could convince his friends to get such loans.
On September 14 of that year, Yap texted Loo asking if he would be interested in a bank loan. Loo agreed and gave Yap his full name to pass on to Ng.
Sometime before September 26, 2018, Ng obtained two forged payslips from an unknown person and handed them over to Yap.